Commercial Metals Company (CMC)

Quick ratio

Aug 31, 2025 May 31, 2025 Feb 28, 2025 Nov 30, 2024 Aug 31, 2024 May 31, 2024 Feb 29, 2024 Nov 30, 2023 Aug 31, 2023 May 31, 2023 Feb 28, 2023 Nov 30, 2022 Aug 31, 2022 May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020
Cash US$ in thousands 1,043,250 892,998 758,403 856,104 857,922 698,338 638,261 704,603 592,332 475,489 603,966 582,069 672,596 410,265 846,587 415,055 497,745 443,120 367,347 465,162
Short-term investments US$ in thousands 453,457
Receivables US$ in thousands 1,201,680 1,156,000 1,088,140 1,106,140 1,158,950 1,182,270 1,118,510 1,216,350 1,240,220 1,244,650 1,263,550 1,287,290 1,358,910 1,330,280 1,153,870 1,095,610 1,105,580 1,073,120 895,604 869,052
Total current liabilities US$ in thousands 1,258,810 1,175,420 1,109,130 1,165,430 834,850 764,954 762,547 786,955 843,714 852,944 1,066,150 1,077,550 1,356,990 1,390,690 825,201 892,120 980,473 853,367 674,093 613,199
Quick ratio 1.78 1.74 1.66 1.68 2.42 2.46 2.30 3.02 2.17 2.02 1.75 1.73 1.50 1.25 2.42 1.69 1.64 1.78 1.87 2.18

August 31, 2025 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,043,250K + $—K + $1,201,680K) ÷ $1,258,810K
= 1.78